Opinions on cryptocurrency can range from anywhere wildly. There are those that think it's the most ridiculous fad ever, and there are those that think centralised banks will fall in the face of our crypto overlords. Nvidia leans more towards the latter, it turns out.
Despite the tech company turning a major profit selling their GPUs to crypto miners to the point that it's contributed to global chip shortages and GPU scalping, Nvidia thinks crypto doesn't actually add anything useful to society in general.
That's according to a Guardian interview with Nvidia's chief technology officer, Michael Kagan. “All this crypto stuff, it needed parallel processing, and [Nvidia] is the best, so people just programmed it to use for this purpose. They bought a lot of stuff, and then eventually it collapsed, because it doesn’t bring anything useful for society.” Kagan says on the state of crytpo.
Nvidia graphics cards powered the first version of ChatGPT, and the chief is adamant that this kind of AI is the future. “With ChatGPT, everybody can now create his own machine, his own programme: you just tell it what to do, and it will. And if it doesn’t work the way you want it to, you tell it ‘I want something different’,” Kagan explains.
The wind is blowing the way of the AI, it seems. Microsoft, Apple, and other large tech companies are investing more and more into centralised computing that can power AI, so it's a question of when and not if at this point, no matter how you feel about it.